A continuing chronicle of how democracy is being destroyed across the entire European Union.
This blog is henceforth exploring various means whereby democracy may now be restored within or to the EU's formerly independent nation states now that economic chaos looms following the euro currency's apparently deliberate self-destruction, as long predicted on this blog? (Changed 23/11/10)

Friday, March 25, 2011

Treasures from the threads - number sixty-one

denis cooper

March 25th, 2011 9:09am

Trevorsden -
So as a thinking person, do you believe that it is our national interest for our government to sign us up to a "Save the Euro" campaign?
I remember when Hague was more interested in "Save the Pound".
Under present treaty arrangements the two are incompatible in the long term, because THE EUROZONE CAN ONLY GROW.
There should be a treaty mechanism for a country which has joined the euro to make an orderly withdrawal, but there isn't.
There should NOT be a treaty obligation on all EU countries to eventually join the euro, but apart from the UK and Denmark there is that legal obligation and it is automatically imposed on all new member states.
Cameron had it in his power to insist on those two treaty changes to cut the eurozone down to size and limit the long term threat it would pose to our national interests, and to demand other concessions such as an end to the EU Parliament sitting in more than one place and permanent exemption from the WTD, as the quid pro quo for the treaty change wanted by Germany and France in particular.
Instead he is prepared to give them whatever they want and demand nothing in return, and Matthew Hancock and 309 other MPs, including all the Tory MPs bar about 20, have just voted in favour of that policy of appeasement.